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FOREX.com vs WCG Markets Ltd
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, FOREX.com currently holds a stronger overall rating (2.5) than WCG Markets Ltd (0).
Both brokers have the same minimum deposit of 100.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
FOREX.com offers a minimum lot size of 1000.0 and a maximum lot size of 5.0E7, while WCG Markets Ltd offers 0.01 and 20.0.
FOREX.com offers a lower maximum leverage of 1:50, whereas WCG Markets Ltd allows trading with up to 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 100.0 |
| Commission | 0.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 4 |
| Minimum lot size | 1000.0 | 0.01 |
| Maximum lot size | 5.0E7 | 20.0 |
| Spread | Variable | Variable |
| Broker type | Market Maker | STP, ECN, Pro |
| Maximal leverage (1:?) | 50 | 500 |
| Availability | Market Maker | STP, ECN, Pro |
| Regulation | NFA (US), CFTC (US), FCA (UK), CySEC (Cyprus), ASIC (Australia), CIMA (Cayman Islands), FSA (Japan), MAS (Singapore), SCA (UAE) | - |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, NINJA Trader, TradingView | MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Paypal, ACH deposit, Skrill, BPay | UnionPay, Payment Asia, Help2pay, USDT |
| Account Currency | USD, GBP, EUR, CHF, JPY, NZD, PLN, HKD, AUD | USD |
| Languages | English, Spanish, German, Japanese, Chinese, Polish, Arabic | English, Simplified Chinese, Traditional Chinese |
| Country | United States | Hong Kong |
| Trading platform(s) timezone | Australia, Canada, Cyprus, Germany, Japan, Poland, Singapore, United Kingdom, United States | Hong Kong |
| Other trading instruments | CFDs | CFDs, Precious Metals, Forex, CFDs: Indices, Commodities, Energies |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
